Mortgage Underwriter
Annual salary range
₹2 Lakhs - ₹8.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byMortgage Underwriter Salary in India (Updated 2025)
based on 2k
latest salaries
• updated:
15 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Mortgage Underwriter Salary in India ranges between ₹2 Lakhs to ₹8.5 Lakhs for 1 year of experience to 8 years of experience. Salary estimates are based on 2k latest salaries received from Mortgage Underwriter.
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Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
(202 salaries)
|
₹1.3 L/yr - ₹6 L/yr | |
2 -
13
yrs
exp.
(200 salaries)
|
₹3.6 L/yr - ₹10.8 L/yr | |
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| ||
1 -
9
yrs
exp.
(162 salaries)
|
₹2 L/yr - ₹7 L/yr | |
0 -
8
yrs
exp.
(158 salaries)
|
₹2 L/yr - ₹10 L/yr | |
0 -
9
yrs
exp.
(116 salaries)
|
₹1.8 L/yr - ₹8.2 L/yr | |
1 -
8
yrs
exp.
(84 salaries)
|
₹2.4 L/yr - ₹10.6 L/yr | |
2 -
9
yrs
exp.
(64 salaries)
|
₹3.5 L/yr - ₹9 L/yr | |
1 -
7
yrs
exp.
(57 salaries)
|
₹2.4 L/yr - ₹5.1 L/yr | |
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| ||
1 -
10
yrs
exp.
(57 salaries)
|
₹2.9 L/yr - ₹9 L/yr | |
0 -
5
yrs
exp.
(56 salaries)
|
₹2 L/yr - ₹4.5 L/yr | |
Latest annual salaries shared by Mortgage Underwriters
2d ago
TCS
Mortgage Underwriter
2 years exp.
3d ago
India Mortgage Guarantee Corporation
Mortgage Underwriter
8 years exp.
5d ago
TCS
Mortgage Underwriter
2 years exp.
1w ago
TCS
Mortgage Underwriter
7 years exp.
1w ago
UST
Mortgage Underwriter
1 year exp.
1w ago
Barclays
Mortgage Underwriter
6 years exp.
1w ago
Envision Infotec
Mortgage Underwriter
4 years exp.
1w ago
TCS
Mortgage Underwriter
6 years exp.
1w ago
Mphasis
Mortgage Underwriter
5 years exp.
1w ago
Barclays
Mortgage Underwriter
5 years exp.
View all latest salaries
Mortgage Underwriter salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(328
salaries)
| ₹1.5 L/yr - ₹5 L/yr |
2
years
(425
salaries)
| ₹2 L/yr - ₹6.7 L/yr |
Login to view exact salary
| |
3
years
(366
salaries)
| ₹2.5 L/yr - ₹7 L/yr |
4
years
(298
salaries)
| ₹2.8 L/yr - ₹8.3 L/yr |
5
years
(215
salaries)
| ₹3 L/yr - ₹8.2 L/yr |
View all salaries by experience
Mortgage Underwriter Jobs in India
Mortgage Underwriter
· 2-5 years
KG Invicta Services (KGiS)
Coimbatore
Mortgage Underwriter
· 4-8 years
Black And White Business Solutions
₹5
L/yr
- ₹14
L/yr
Bangalore / Bengaluru
Mortgage Underwriter
· 4-8 years
Black And White Business Solutions
₹5
L/yr
- ₹14
L/yr
Bangalore / Bengaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Management Trainee Salary
0 -
8
years
exp.
(50.4k salaries)
| ₹2 L/yr - ₹17 L/yr |
Finance Executive Salary
1 -
9
years
exp.
(36.3k salaries)
| ₹1.7 L/yr - ₹7.3 L/yr |
Login to view exact salary
| |
Manager Salary
4 -
16
years
exp.
(3.2L salaries)
| ₹4 L/yr - ₹31.9 L/yr |
Process Developer Salary
2 -
7
years
exp.
(31.3k salaries)
| ₹2.4 L/yr - ₹5.5 L/yr |
Senior Executive Salary
2 -
11
years
exp.
(2.5L salaries)
| ₹2.4 L/yr - ₹9.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Mortgage Underwriter
Accenture
Manager
• posted on 17 Jan 2025
Likes
Org is Serious about quality of client delivery. Salary and hikes are better than peers. Promotions based on work
read more- Salary - Good
+5 more
Dislikes
The culture has diluted over last 15 years. Its not the Accenture that it was 15 years back.. HR has no say now and its all senior management driven
read moreCognizant
Manager
• posted on 04 Dec 2024
Likes
Compensation when you join is good
- Salary - Good
+2 more
Dislikes
Management is biased.. Onsite opportunities are reserved for manager favourite.. Only Us projects are more..not much into APAC and middle east
read more- Promotions - Poor
+1 more
Wipro
Associate Analyst
• posted on 24 Feb 2025
Likes
It's a great company to work. If your are a fresher you can start your career with Wipro.
- Job security - Good
+3 more
Dislikes
Salary was less.
EXL Service
Senior Executive
• posted on 24 Dec 2024
Likes
I worked at EXL for nearly three years and had an incredibly fulfilling experience. The company's work culture stood out as one of the best aspects, fostering a positive and collaborative environment that greatly enhanced my professional growth. I truly appreciated the supportive management, opportunities for learning, and the overall satisfaction I derived from my role. It was a journey that enriched my skills and left a lasting positive impression on me.
read more- Salary - Good
+5 more
Dislikes
one aspect that I found less satisfactory was the salary, which I felt was not up to the mark. Despite this, the enriching experience and the excellent work culture made my time at EXL worthwhile.
read moreTCS
Process Associate
• posted on 15 Dec 2024
Likes
work environment, career growth opportunities, and work-life balance:
- Skill development - Good
+3 more
Dislikes
low salary compared to market standards, slow career progression, limited learning opportunities, a culture of internal politics, inconsistent project allocations, sometimes repetitive and mundane work, poor work-life balance depending on the project, and a lack of autonomy in decision-making.
read more- Promotions - Poor
Top skills for Mortgage Underwriter
Mortgage Underwriter Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Mortgage Underwriter
1 -
8
years
exp.
| ₹2.2 L/yr - ₹8 L/yr |
Chennai
Mortgage Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹6.9 L/yr |
Login to view exact salary
| |
Mumbai
Mortgage Underwriter
1 -
8
years
exp.
| ₹2.7 L/yr - ₹9 L/yr |
Pune
Mortgage Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹8.1 L/yr |
Hyderabad / Secunderabad
Mortgage Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹8.5 L/yr |
View More
Mortgage Underwriter Salary By Industries
| Industries | Avg. annual salary |
|---|---|
IT Services & Consulting Mortgage Underwriter
1 -
8
years
exp.
| ₹2 L/yr - ₹7 L/yr |
BPO Mortgage Underwriter
1 -
8
years
exp.
| ₹2.2 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
Financial Services Mortgage Underwriter
1 -
8
years
exp.
| ₹2.3 L/yr - ₹9 L/yr |
Software Product Mortgage Underwriter
1 -
8
years
exp.
| ₹1.9 L/yr - ₹8.3 L/yr |
Analytics & KPO Mortgage Underwriter
1 -
8
years
exp.
| ₹1.8 L/yr - ₹8 L/yr |
View More
Frequently Asked Questions about Mortgage Underwriter Salaries
What is the salary of a Mortgage Underwriter in India?
Salary for a Mortgage Underwriter in India ranges between ₹2.0 Lakhs to ₹8.5 Lakhs per year. Salary estimates are based on 2k latest salaries received from various Mortgage Underwriters across industries.
What are the top paying companies that employ Mortgage Underwriters?
- XL Dynamics Mortgage Underwriter Salary - ₹10.9 Lakhs per year
- SitusAMC Mortgage Underwriter Salary - ₹7.3 Lakhs per year
- Altisource Mortgage Underwriter Salary - ₹6.6 Lakhs per year
- WNS Mortgage Underwriter Salary - ₹6.2 Lakhs per year
- VERITY GLOBAL SOLUTIONS Mortgage Underwriter Salary - ₹6.1 Lakhs per year
What is the starting salary for a Mortgage Underwriter in India?
Average starting Salary for Mortgage Underwriter in India is around ₹2.0 Lakhs per year (₹16.7k per month). 1 year of minimum experience is required to be a Mortgage Underwriter.
What is the highest salary for a Mortgage Underwriter in India?
Highest salary that a Mortgage Underwriter can earn is ₹18.0 Lakhs per year (₹1.5L per month).
What are the top paying industries for Mortgage Underwriter in India?
- Software Product - ₹3.0 Lakhs to 10.8 Lakhs per year
- Banking - ₹1.2 Lakhs to 12.0 Lakhs per year
- Financial Services - ₹0.8 Lakhs to 14.0 Lakhs per year
- BPO - ₹1.6 Lakhs to 10.0 Lakhs per year
- IT Services & Consulting - ₹0.5 Lakhs to 18.0 Lakhs per year
What are the top paying cities for Mortgage Underwriter in India?
- Mumbai - ₹2.0 Lakhs to 14.0 Lakhs per year
- Hyderabad / Secunderabad - ₹1.2 Lakhs to 10.8 Lakhs per year
- Pune - ₹0.2 Lakhs to 12.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.1 Lakhs to 12.0 Lakhs per year
- Chennai - ₹1.0 Lakhs to 9.5 Lakhs per year
What are the popular/top skills required to become a Mortgage Underwriter?
These are the top skills of a Mortgage Underwriter based on 4 jobs posted by employers.
- Mortgage Loans
- Credit Analysis
- Medical Underwriting
- US Mortgage
- Credit Underwriting
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